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Question 6 Not complete Mark 0.00 out of 3.00 P Flag question Compute RNOA with Disaggregation Selected balance sheet and income statement information for Home
Question 6 Not complete Mark 0.00 out of 3.00 P Flag question Compute RNOA with Disaggregation Selected balance sheet and income statement information for Home Depot follows. $ millions Operating assets Nonoperating assets Total assets Operating liabilities Nonoperating liabilities Total liabilities Jan. 31, 2016 Feb. 01, 2015 $40,583 $38,473 2,241 1,748 42,824 40,221 15,018 13,527 21,285 17,167 36,303 30,694 88,999 Sales 12,024 Net operating profit before tax (NOPBT) Nonoperting expense before tax 778 Tax expense Net income 4,088 7,158 Round answers to two decimal places (ex: 0.12345 = 12.35%). a. Compute return on net operating assets (RNOA). Assume a statutory tax rate of 37%. X % b. Disaggregate RNOA into components of profitability and productivity and show that the product of the two components equals RNOA. Assume a statutory tax rate of 37%. NOPM 0 X % NOAT 0 X
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